Paypal holdings is an online payment system company located in America. Paypal helps the users to make an online payment from anywhere. It reduces the paperwork that used earlier to transfer or make payment. Now, people can use PayPal to make payment. The PayPal company takes the responsibility of processing payments on various online websites and stores. Sometimes, payment gets blocked due to slow internet. Then the user has an option to cancel PayPal payment that he/she made. In this article, you will read how to cancel a pending Paypal payment.
Ways to Cancel Pending Paypal Payment
Paypal holdings help the small business owners to take payment from customer, supplier, and vendors. Vendors can take payment directly to PayPal account and send them in a bank account. If you are not comfortable for the payment and want to cancel then you can easily cancel pending PayPal payment.
Steps to Cancel Paypal Payment:
Open Paypal holdings official website in any web browser. Login in your Paypal account if you are not logged in. Click on Login in the up-right corner. Enter PayPal username and password to login successfully.
Click on settings icon appears at the upper-right corner of the web browser window.
Click on payment, it appears on the mid of the top menu.
It is at the center of windows in the list menu.
Click on next page button at the bottom of the page. If you have too many recurring payments.
Tab on cancel is given after status underpayment (Billing) details.
Click on yes to confirm the payment cancellation.
You Need to Keep Few Things in Mind While Cancelling a Payment:
- You need to contact the concerned person who has received the payment if you want to initiate a refund or cancel the order.
- If the payment already completed, you need to reach out to the company or individual who has received the money and ask to initiate a refund.
- If the payment you have made is pending for more than 30 days, it will automatically get canceled and you will receive a refund.
- Unapproved payments canceled within 24 hours of the next scheduled payment or before your account charged.
If you want to talk with any customer representative of PayPal, you need to call on PayPal customer service number +1-800-215-0329.